Sino-Ocean Group Holding Limited disclosed that wholly-owned subsidiary Beijing Sino-Ocean Group Holding Limited reported RMB17.19 billion in overdue borrowings as of 31 March 2026. The figure is preliminary and unaudited.

The overdue balance rose RMB0.41 billion during March. Category details are: • Bank loans: RMB5.04 billion, up RMB0.44 billion • Public-market financing: unchanged at RMB3.39 billion • Entrusted loans: RMB3.63 billion, down RMB0.02 billion • Amounts due to non-bank institutions and interest: RMB5.13 billion, down RMB0.01 billion

In the same month, the subsidiary became involved in one new major lawsuit concerning borrowing disputes, amounting to approximately RMB1.87 billion. Trial-status updates for existing cases are available on the Shanghai Stock Exchange website.

Sino-Ocean stated that the overdue debt and litigation exert adverse pressure on operations and repayment capacity; however, daily management and production remain normal. The subsidiary is negotiating with creditors to formulate a comprehensive resolution plan and will continue to meet statutory disclosure requirements.